OFF MARKET

221/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 99m2
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Property Details for 221/29-49 Varsity Pde, Varsity Lakes

221/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 99m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
2013
Floor Size
87m2
Land Size
99m2
Local Government
Gold Coast City
Lot/Plan
221/SP246289

Last Listing description (December 2021)

Currently rented out until March 2022 in the Government NRAS program which equates to a return of $572 per week ($361 per week rent plus $11,000 per year subsidy from the government).
Spacious floor plan featuring two generous bedrooms, two bathrooms, open plan living and dining combination and gourmet kitchen. Quality finishes throughout including stone bench tops and stainless steel appliances. There is an outdoor patio ideal for entertaining.

Features

2 spacious bedrooms
2 bathrooms
2 car accommodation
open plan living and dining
gourmet kitchen
stainless steel appliances
stone bench tops
outdoor entertaining
air-conditioning
ceiling fans
pool
gym

Body Corp approx $72per week.
Rates and water approx $3000 per year
Rental appraisal $480 to $520 per week

Edgewater is a well maintained complex enjoying a prime location on the banks of Lake Orr with kilometres of walking and cycling tracks on your doorstep. Walking distance to both Varsity Primary and High Schools. Bond University is also within close proximity and some of the Gold Coast's best beaches are only minutes drive away. Inspections are highly recommended.

Property History for 221/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$480,000
14 Sep 2021
Listed for Rent
$375/w
19 Mar 2021
  • 14 Sep 2021
    Sold for $480,000
  • 04 Sep 2021
    Listed for Sale Contact Agent
  • 19 Mar 2021
    Listed for Rent $375 / week
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,078 properties.

    There are currently 49 properties listed for sale, and 42 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Varsity lakes.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.